South Korea’s Largest Blockchain Project ICON Connects Cross-Chain Data Oracle Band Protocol

Band Protocol, a Sequoia-backed, cross-chain data oracle platform, has integrated with a blockchain network ICON to form South Korea’s largest Blockchain Project to date. “We are excited to be integrating with ICON and expanding the use of data oracles in South Korea where the blockchain industry is very developed and welcomed by authorities,” said Soravis Srinawakoon, CEO & Co-founder of Band Protocol.

This relationship will also connect Band Protocol to ICON’s network of established banks, telecommunications companies and South Korean government agencies — greatly expanding the use cases for data oracles. Band Protocol’s oracle will enable expansive use of smart contracts on ICON, which are utilized by many top enterprises in South Korea.

Timeline of Icon